Bank of Valletta Grants €28 Million Loan to Malita Investments for Housing Projects

BOV grants Malita a €28 million lifeline loan to restart stalled housing projects

Bank of Valletta has approved a fresh €28 million loan to Malita Investments plc, offering a crucial financial lifeline to the government-controlled company after work on several social housing projects ground to a halt when funds dried up last year. The new financing, disclosed in Malita’s latest financial statements, is intended to support the completion … Continued

By Ivan Camilleri